Lykins Oil Company
4
SBA Loans
$2.6M
Total Financed
$638K
Avg Loan Size
—
YoY Loan Growth
How Lykins Oil Company Compares
- Ranks #76 of 265 Convenience & Gas brands by SBA loan count (#1,552 of 3,543 overall).
- Its average loan of $638K is 51% below the Convenience & Gas median of $1.3M.
- With only 4 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Convenience & Gas brands overall see a 0.3% charge-off rate across 1,120 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2021 | 4 | $2.6M |
FY2021 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Lykins Oil Company Is Getting SBA-Financed
Recent SBA-Financed Lykins Oil Company Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Lykins Oil Company growing or shrinking?
Lykins Oil Company doesn't have enough SBA loan activity in both FY2020 and FY2021 to calculate a reliable year-over-year trend. For context, it ranks #76 of 265 Convenience & Gas brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Lykins Oil Company franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $638K (51% below the typical Convenience & Gas brand's $1.3M) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Lykins Oil Company?
Lykins Oil Company only has 4 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Convenience & Gas brands overall see a 0.3% charge-off rate across 1,120 loans.
Top SBA Lenders
- RiverHills Bank3
- Community Trust Bank, Inc.1
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Source: SBA 7(a) FOIA loan dataset. View dataset